FAITH UNSHAKEN BY
THE DEPRESSION
The Bank Of East Asia's New Home
'The latest addition to the Colony's modern buildings, the new home of the Bank of East Asia, Ltd., known as the B.E.A. Build- ing was officially opened yesterday morning to business when be foře a very large gathering of businessmen of the Colony Mr. Li Koon Chun (vice chairman) of the Bank, in the absence of the Chairman (Str. Shou-son Chow), delivered the address of welcome. The directors Messrs. P. K. Kwok, Wong Yun Tong, Chan Ching Shek, Li Lan Sang. Wong Chu Son. Kan Ying Po, "Ken Tong Po (Chief Manager) and Li Tse Fong (Manager) welcomed the hundreds of guests who were served with refreshments.
"The firing of a long string of crackers, heralded the opening of its doors and shortly after 9 o'clock many people filed through its portals to offer felicitations to the management. Throughout the morning hundreds more called at the Bank.
The building is a magnificent | introduce the system of Sale De- edlice, 11 storeys in height and is the very last word In moderni structure. No efforts were spared to make it worthy of the name. An outstanding feature is the special safe deposit vault.
In welcoming the guests Mr, Li said:--
Ladies and Gentlemen:-In the
absence of our Chairman, şir Shou-son, Chow, I have much pleasure to extend to all of you, on behalf of the Directors and the management, a cordial welcome at this opening ceremony of the new and permanent building of the Bank of East Asia, Ltd. In doing so I wish to give you a brief history of the Bank's development. It was seventeen years 880, 00 November 11, 1918 when the wnole World was rejoicing over the cessation of strife and bloodshed In Europe that a group of well- known merchants headed by Sir Shou-son Chow got together and brought into beinig. the Bank of East Asia, Ltd. It waS on this memorable day that they signed Pagreement and undertook to organise this bank and supply its original capital. Their enterprise at once met with success and oN January 4, 1919 the bank was formally opened with a paid-up Capital of $2,000,000 at No. 2. Queen's Road Central, The first Board of Directors consisted of Bir Shou-son Chow, Messrs. Li Koon Chun, Chan Ching Shek, Kan Ying Po. Wong Yun Tong. Mok Kong, P. K. Kwok, the late Mr. Pong Wal Ting, the late Mr. Ng Tsang Luk and the late Mr. Fung Ping Shụn with Mr. Kan Tong Po as it Chief Manager and Mr. Li Tse Fong its Assistant Manager,
posit Boxes into the Colony I wish to draw your attention to the Safe Deposit Vault on the mezzanine floor. The entrance to this vault is protected by a heavy steel clr cular door built by the Tork Bate and Lock Company.
I think the bank may be proud that such a distinguished gather- ing has honoured us to-day with their presence. On behalf of the Board of Directors and the man- agement, I beg to thank you.
THE BUILDING
The tallest of all completed structures its well balanced pro- portions and refined details show an example of how everything that is sound and dignited in what can be termed "streamline architec- ture may be distinct from eccen- tricity or crude novelty.
HONG KONG DAILY PRESS, WEDNESDAY, JULY 3)-1935.
OBITUARY
Mr. F. A. Delgado
The funeral of the late Mr. Francisco Assis Delgado, the 24- year-old son of Mr. A. F. Delgado, whose death occurred at his father's residence at No. 1 Chung Ming Street, 1st floor To-Kwa Wan, Kowicon, after a long illness, took place at the Roman Catholic Cemetery yesterday evening,
The deceased was educated at St. Joseph's College, and for some time before his demise, he was in the employ of the Dollar Steamship Company..."
At the funeral, the chief mourn ers were his father, and his ve brothers, F, J., S., M. and N. Delgado. The deceased also leaves a mother and two sisters to mourn Father Maestrini, of St. Teresa's Church, Kowloon Tong, oficiated
at the Chapel and the gravėside.
THOSE PRESENT. Among those who attended were: Mrs. A. F. Rocha, Miss E, Rocha, Mrs. E Franco, Miss A, Fernandes, Mrs. M. Noronha, Miss C. Perpetuo, Messrs. J. J. Bastu, H. W. Pomeroy, A. F. Castilho, F. Baptista, A San- tos, F. X. da Souza, D. A. Rosario, E. F. Castro, S. Marcel, M. F. Bap tista, W. Santos, F. Abraham, S. Sousa, F. F. Sousa, L. Elarte, W. Maher, C. Botelho, H. Botelho, B. Laurel, B. Bajeros, E, M. Marques, E. Gomes, J. Silva, B. Basto, A. Crestelo, F. Fernandes, E. M. Fran- co. W. Mackintosh, M. G. Lenz, R. L. Morales, W. Gomes, J. Holm, A P. Baptista, B. Xavier, M. Fuertes, D. Rosario, J. Castilho and many
others.
'i
FLORAL TRIBUTES
ROTARY CLUB WARM WEATHER
The New President Takes Over
For The Month Of June
There was a large 'gathering ät The weather during June. was the Rotary Club Tima, held res-usual for the time or year, being terday at the Roof Garden of the uniformly
Warm and mainly Hong Kong Hotel, when Mr. M. Kcloudy and showery with occasion- Lo. President of the Rotary Club a sunny days. Professor L Forster, MA, of the except four, and during the middle handed over the Chairmanship to Rain was recorded on every day
Hong Kong University. "...
o the month thunder was fre- quent, no less than 13 thunder- storms occurring during the period
In doing so, said Mr. Lo he desired to extend to Professor Forster his heartiest congratula-June 12 to 18, tions upon his election to this office, and to him and his fellow directors, his best wishes for a happy and successful term office.
of
+
The mean temperature for the
month was 832 deg. F. which is 12 des greater than normal A maxiraum of 902 deg. was record- ed on the 29th, and a minimum of He thanked all present, also for their keen co-operation, assistance 6.0 deg. on the 3rd and 18th. The mean relative humidity was 83 and indulgence during the pastdes, which is normal.
year.
The total sunshine recorded was MR. LO'S 'SPRECH
154 hours, against a normal of 154 Rising
to address his fellow hours. This was the third succes- Rotarians Mr. Lo said:
sive month in which sunshine has been deficient.
(A maximum wind velocity of: 55
It is my privilege to-day to hand over the Chairmanship to the new President. But before doing so I would like to make a few remarks.ph, rom the S.W. was recorded In the early morning of the 2nd, I wish to take this, my last, OP due to a small depression, which portunity to tendering to my fellow
Was moving ENE across Kwang- directors and officers my sincere thanks for. their co-operation, assistance and indulgence during inthe past year.
¦
On behalf of the members of this Club I desire to extend to our new President. our hearty con- gratulations upon his election to this ofce, and to him and his fellow directors and officers our best wishes for a happy and suc- cessful term of office.
THE FUTURE
Among the wreaths sent were those from:---Messrs. F. J. Stevens, I firmly believe that the future A. F. Castilho and family, Frank- of our Club will be one of progress, J. and I earnestly hope that the ac- The front up to the third floor, lin, 8. Lo, Eddie Remedios,
Reeves, is carried out in finely tooled white
Raymond Devaux, M. quaintanceships which this Club granite terminating with two cop-Braga, R. L. Rocha and children, has enabled us to make will, per-roofed turrets; the remaining Misses Fernandes, Rosalind Lee, C. through personal contact, frank- partion of the building being M. Rozario, Mr. and Mrs. P. An-ness, and mutual help and assis- finished in well matched granite drade and family, Dr. Karanfia, tance, be ripened and strengthen- plaster. The whole structure gives. Dr. and Mrs. C. W. Lam, Mr. and ed into that intimate friendship the impression of having been Mrs. C. J. Triggs, Mr. A. A. Creste- which has no room for misunder- skilfully cut from one huge block ja and family, The Asiatic Fro- standings or jealousies, and which ducts & Co., the workmen, Far East is in truth one of the rarest and Oxygen and Acetylen Co., Messra, most precious of human relations. Noronha & Co.'s Staff, and the
With this hope, and in this Corps Infantry (Portuguese Co.), spirit, I now have the pleasure to H.K.V.D.C., and many others.
vacate my seat in favour of our new President.” (Applause).
of stone.
The impressive portico at the main entrance to the Bank will show a novel and pleasing feature in the application of bronze facing to walls. The massive doors-to the Bank and lift lobbies and to the main stairs as well as the fluted pilasters capped with a rich- Iy ornamental frieze and the windows and grilles are all execut- ed in anely chased bronze impart ing to the building a sense of solidity and security.
The spacious entrance lobby, separated by a glazed bronze screen with swing-doors from the banking hall, Is floored and lined up to the celling in Italian marble. The white Carrara paving with its black border extends further, into the banking hall with pleasing and restful "chiampoperla" and bronze counter in front of the marble faced pillars supporting the lofty
The first few years of the bank's existence were characterised by rapid progress. In 1921 the Au- thorised Capital was increased to $10,000,000 with a Paid-up Capital of $5,000,000 and several well known merchants were invited to Join the Board of Directors, At the same time it was found that the premises at No, 2 Queen's Road Central was inadequate, to cope | 30-feet ceiling.. with the bank's growing business and eventually the present site known as Nos. 10 and 10a Des Voeux Road Central was acquired with its buildings thereon.
light diffused by the many large lateral windows.
The bullion vault, capable of storing two hundred million dollars and of the full size of the banking hall, is situated right un- der it in a heavily reinforced and water proofed, basement well ven- tilated through a huge shaft go- building. The basement and vaults ing up the whole height of the
are mechanically air-dried.
The Managers' offices adjoin the entrance lobby on the ground floor, the remainder of the Bank's office rooms as well as the teak- panelled, etc., are accommodated on the mezzanine floor... ?
The upper floors, eleven in num- ber, present the latest in modern The cream coloured "chiampooffice planning: from the lift lobby perla" and the gold-veined" black
MARBLE WALLS
ዚ
"portor marble face all the walls In 1921, after work of remodell- of the banking hall up to the mezzanine floor which opens into the public space of the pall over
a marble balustrade.
At the back of this mezzanine woor the marble Hinished safe de- posit vault is situated served by a special entrance and Hft.
of each floor a tastefully tile
dadoed and paved corridor, over eight feet in width, extends the full length of the 200 feet build
8. being well lighted by large
metal windows in one of its walls and having "natural colour" teak- wood doors of the individual offices
in the other.
ད་
There are two terrazzo finished The extra heavy concrete floor, stairs, with a special chit-coolie celling and walls, reinforced with lift in one of them, to serve as an the latest devices in steel protec-extension to the communication tion ensure complete safety for the facilities provided by the three
main high speed lifts.
clients of the Bank.
The most remarkable in this two floored vault, with its thousands of steel deposit boxes of the latest design, is the entrance.
THOSE RESPONSIBLE The contract for foundations Messts, Lam Woo & Co., and the and vault was carried out by Raymond Concrete Pile Co
Mesars: Cheong Hing Coy, are the general contractors for the super-
1
The total rainfall for the month was 14.43 inches, which is 110 inches less than normal. Up to midnight on June 30 the total rainfall for the year was 28.50 Inches, against a normal of 38.43 inches. Since the beginning of the year every month except March has been dexċient in rainfall..
QUEEN'S ROAD FIRE
Chinese Dwelling Involved
Great excitement prevalled short-
after 3.30 pm, yesterday near the Central Theatre district when it was found that fire had started in one of the Chinese dwelling houses. The Fire Brigade arrived with six appliances and had the outbreak soon under control....
It appears that No. 247 Queen's Road Central, Д three-storied building, the first floor of which balist and a fortune teller, the was occupied by a Chinese her-
THE NEW PRESIDENT Rising
in answer, Professor Forster addressed the gathering as follows:-"My "first duty and privilege as President of this Club is to express on it's behalf our gratitude to the retiring President for the splendid work he has
second floor used as a domestic done during the past year.
dwelling and the ground floor, oc- He has discharged his duties cupled by the Sun Wah Hat Manu tualness, and in spite of the heavy 3.35 pm. The fire started from with vigour, efficiency and punc-facturing Co, was alight about claims of his professional work the first floor and quickly spread and of his many other social ac-
upwards. tivities, he has always given me the impression that Rotary and it's
Fire engines were soon on the business occupies a very large scene and had the conflagration place in his mind, for he has al- under control by 4.10 p.m. when ways been ready to discuss it's the through signal" was sent out. policy and activities, no matter what other things were clamour- ing for his attention:
On behalf of this Club and on my own behalf I, therefore, have very great pleasure in conveying to you, Rotarian Lo, our grateful and heartfelt thanks.
Hope & Sons, Ltd., and supplied neering Corporation, Ltd. and installed by the Jardine Engi
Mr. John Pooler, representing the" Schlage Lock Company of San Francisco, supplied the locks to all the doors. Mode
The electric wiring, for light and power, was carried out by the China Emporium Co., Ltd, Messrs. E. Corney having supplied the main lightings, as also the Vitro lite glass to the counter of the banking hall
The waterproofing works to the
Mr. D. Burlingham the Acting IG.P. was early on the scene and with Mr. B. T. Brooks super- vised the work of extinguishing the flames. The Emergency Unit was also present to keep the large crowds back. *
Damage to the extent of $800 was sustained. The first floor was {"badly damaged by both fire and water while the second floor suffered more from the water than the fire. The ground floor, which was insured for $2,000, suffered badly from the effects of the water.
No casualties were reported.
The inmates made their escape as soon as the alarm was given and before the fire made much pro- greas
The origin of the Dre is so far not known.
ing the building at No. 10, Des Voeux Road Central was completed the Bank noved-Into the old build- Ing. on the present site, and car- ried on its business until the summ- mer of 1933, when it was again found that the space was barely Enough to accommodate its large number of staff and to cope with the ever increasing business. Con- sequently the old building together with the Godown at No. 10a, Des Voeux Road Central were demolish. ed to make room for the present new building we are in to-day.
PROGRESS "AND EXPANSION For the past seventeen years door having a clear opening of 84 This is provided with a circular since the bank has been founded, inches in diameter. The door is 13 It has run a course of steady pro-inch in thickness, contains three gress and expansion, and the new. inch 6 ply welded chrome steel building with its many new and nine inch of open-hearth features which have been skillfully steel. It is fitted with crane hinges designed by our architect Mr. C. Little, will be a Atting home for and double pressure system and the Bank for many decades of
locks with twenty-four bolts, each years. In this new building I hope being checked by two combination 3 inch in diameter, the bolt work our clients will find every facility locks and a four-movement time for dealing with their daily routine lock business with the least possible The whole of the most intricate delay, and I trust that they will mechanism is exposed to view National Electric & Pottery Co. of at the premises during the course Hellamy, Nan, Po Chi C. BI
to us their esteemed co-operation in the de-ing the cover to the back of the Kee have carried out the whole Justice, Sir Atholl MacGregor, Hon
through polished plate glass form Shanghar Further Messrs, Lee Yu of the morning were the Chief Sue velopment of business generally door which weight, with its polish- The Directors in making their ed steel frame, is 60,000 me of the plumbing and drainage Bir Henry Pollock Hon. Gir Wil- decision to incur this heaty - The York Safe and Lock Com-works the fire installation having llei Shenton, Mr. L. Gourley pendture to build this magnificent,pany are the manufacturers of this been provided by Messrs. Yue Sang (Consul General for the United home are showing their faith in latest mechanical marvel which
Co
States), Her the future of the Colony, a faith was supplied and installed by.
Messrs CE Warren Co har General for that will remain unshaken by the Messrs. Lane, Crawford, Ltd.
decorated the stairs in dove-grey Laborinh prisent trade depression.
and green terrazzo":
Portu Vannini & Co.
continue to extend
I do not think I shall detain you
BULLION VADĪT
structure of this building, erected na srprisingly short time, Mr. Racul Bigazzi is responsible for the bronze name-boards have been fine marble and bronze work. The well executed locally by the Hong Kong & Whampoa Dock Co., Ltd.
The "Richard's" ceramic tiles were supplied and laid by Messrs Lee Yu Kee, who have also supplied manufactured by the Chinese and laid a large quantity of momte
any longer by giving you full de- Three massive, chromium plated tiles to the main tails of our new building which
chandellers, suspended from the ing a bad you will see for yourselves, pre- main celling, with bracket-Lghts design. sently. However in view of the to match on the pilars of the Fall. All window fact that we were the first bank to
as an additional source of of steel man
basement stand to the credit of Biggar, E. W. Duggan, MT. John- Mesars Bradley & Co. who have son, M. A. Johnson, D. Drummond, also laid 5-ply roofing to all roots. ty turrets was supplied and axe Wong Kwong Tin, Y. Benjamin, S. £ M Raymond T E... Pesrce, J. and terraces; the copper rooningen Hughes, J. H. R. Hance, by Messrs. W 8 Balley & Co. N. Pan, R. A. Rodgers, T. F. Tai, Messrs. Little, Adams & Wood, Hampden, Ross Henesser Architects, designed and supervised. Seth M. K. Lo, M. W. Lo, B, Lo the construction of the building.
ME LO, E Simon, WC. Tuen, THE GUESTS:
R. Poarce, White H. Ore, P Among well-wishers who called de Roux... W Amps, LCF.
Lau, Kwok Chan, Heung Kuk Thomas Tam
Braga,
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